When Michael Coy joined Wolfgang Confectioners as its workforce development manager, the candy maker employed about five people who spoke Spanish. Now, the Loganville-based company
Two regional venture capital firms are joining forces to raise a new investment fund that will funnel early-stage capital to startups across Pennsylvania, with a focus on rural areas of the state. State College-based 1855 Capital and York-based White Rose Ventures hope to raise about $40 million for the new fund, dubbed Keystone Innovation Fund II, which they will co-manage. […]
A new survey claims to show that three-quarters of Pennsylvania’s small-business owners support the creation of a state-backed retirement plan that would automatically enroll workers — the kind of plan that was approved earlier this year in the state House. Nearly a quarter, or 26%, “strongly support” the idea, according to the survey, conducted by The Pew Charitable […]
A private equity firm focused on manufacturing has acquired ATI Corp., a family-owned company that makes equipment used in excavation and site preparation.Terms of the deal with Houston-based LDR Growth Partners were not disclosed.Based in East Earl Township, Lancaster County, ATI had been owned by Jansen Herr.The company — which employs more than 30 people at a 40,000 […]
To settle allegations that it violated federal law during a union election at a Virginia plant, The Hershey Co. has agreed to a do-over under a settlement with federal regulators.In the original election, held in early 2022, workers at the Stuarts Draft plant rejected joining the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union.But the union filed […]
A state court has tossed aside regulations that would have enrolled Pennsylvania in a multistate carbon-cutting program, regulations that were a climate-change priority for the former administration of Gov. Tom Wolf. At issue was whether the heart of the program — a market in which companies must buy credits to emit carbon — represented a fee […]
State officials are directing federal funds toward venture capital firms they hope can jumpstart early-stage tech companies in Pennsylvania.The firms are Allegheny County-based BTVC Fund I LLP, which is receiving $1.5 million, and Atlanta-based Metallum Ventures LP, which is getting $2.25 million. The funding, announced yesterday, comes from the State Small Business Credit Initiative, a federal program that is […]
For the second time this month, a local group has come up short in a bid to attract high-profile federal funding.The first was an effort led by Harrisburg-based Team Pennsylvania to land money for a clean-hydrogen hub. The Team PA effort was not among those given awards. The second was an effort by a diverse group to snag […]
High Real Estate Group LLC is taking the first step toward building a mixed-use development next to the suburban headquarters of Armstrong World Industries in Manor Township, Lancaster County.High has struck an agreement with Armstrong World to buy 476 acres south and west of the manufacturer’s campus, which sits off Columbia Avenue west of Lancaster city. Terms of the […]
Gratz borough in Dauphin County failed to properly advertise a meeting where it set stricter zoning standards for solar energy systems even as a company was seeking permission to build a 17-megawatt project there.That was the ruling last week from a three-judge panel of Pennsylvania’s Commonwealth Court, which upheld a 2022 decision by Dauphin County […]
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